The South African economy is in the midst of its longest business cycle downturn in more than 73 years, according to the Reserve Bank, and things aren't looking particularly favourable right now either.
Alexander Forbes announced on Tuesday morning that it had terminated the services of CEO Andrew Darfoor.
MTN plunged nearly 8 percent on Wednesday as its high debt and offshore woes rattled the markets, despite the group increasing its subscriber base by 6 million heads in the six months ended June.
The listeriosis crisis has tumbled South Africa's pork industry into an overnight crisis.
Capitec's share price yesterday shrugged off the latest salvo against the company by American short-seller Viceroy Research.
The global nuclear medicine market, which includes radioisotopes and medical equipment, was valued at over US$11-billion in 2016, and is now projected to reach nearly US$20-billion by 2021.
Allan Gray Ltd., the largest manager of non-government investment funds in Africa, has increased its stake in Nigerian Zenith and Access banks.
Cape Town-based self-storage specialist Stor-Age seems intent on wrapping up some serious market share after pitching to acquire rival business Storage RSA Investments Proprietary Limited.
Ascendis Health announced today that its R1,2bn rights issue which closed last week has been more than three times oversubscribed, and that the company had secured the required funding to conclude its recent R7,3bn acquisitions of global pharma company Remedica and European sports nutrition company Scitec.